Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$AEM, $ALE, $ADM, $CVX, $ENPH, $XOM

Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid.

Below is a list of Wall Street’s Top analysts outlook for Key issues for Thursday, as follows:

Agnico Eagle Mines Ltd. (NYSE:AEM) was raised to Buy from Hold with a 53 price target at TD Securities.

Allete Inc. (NYSE:ALE) was started with a Buy rating and assigned a 71.50 price target at Mizuho.

Archer Daniels Midland Co. (NYSE:ADM) was raised to Buy from Neutral with a 47 price target at Buckingham Research.

Chevron Corp. (NYSE:CVX) was raised to Buy from Neutral at Merrill Lynch, but the 138 price targe is unchange.

Enphase Energy Inc. (NASDAQ:ENPH) was up 4% at 2.79 Tuesday and was up another 11% at 3.10 on Wednesday morning. The 52-wk trading range is 0.65 to 3.45, Bullish.

Exxon Mobil Corp. (NYSE:XOM) was reiterated as Buy with a 102 price target at Merrill Lynch, noting that similar shale growth and an overlooked outlook make it more attractive with more upside than Chevron.

Stay tuned…

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